XML 117 R82.htm IDEA: XBRL DOCUMENT v3.24.0.1
Net Income (Loss) per Share (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2023
Sep. 30, 2023
Jun. 30, 2023
Mar. 31, 2023
Dec. 31, 2022
Sep. 30, 2022
Jun. 30, 2022
Mar. 31, 2022
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Numerator:                      
Net income attributable to AXT, Inc. $ (3,621) $ (5,823) $ (5,089) $ (3,348) $ 1,341 $ 5,759 $ 5,546 $ 3,165 $ (17,881) $ 15,811 $ 14,575
Less: Preferred stock dividends                 (177) (177) (177)
Net income (loss) available to common stockholders                 $ (18,058) $ 15,634 $ 14,398
Denominator:                      
Denominator for basic net income (loss) per share - weighted-average common shares                 42,643 42,104 41,367
Effect of dilutive securities:                      
Denominator for dilutive net income (loss) per common shares                 42,643 42,715 42,720
Basic net income per share:                      
Basic $ (0.09) $ (0.14) $ (0.12) $ (0.08) $ 0.03 $ 0.14 $ 0.13 $ 0.07 $ (0.42) $ 0.37 $ 0.35
Diluted net income per share:                      
Diluted $ (0.09) $ (0.14) $ (0.12) $ (0.08) $ 0.03 $ 0.13 $ 0.13 $ 0.07 $ (0.42) $ 0.37 $ 0.34
Common stock options                      
Effect of dilutive securities:                      
Effect of dilutive securities (in shares)                   333 803
Weighted-average shares:                      
Securities excluded from diluted net income (loss) per share as the impact is anti-dilutive (in shares)                 1,198 220 21
Restricted stock awards                      
Effect of dilutive securities:                      
Effect of dilutive securities (in shares)                   278 550
Weighted-average shares:                      
Securities excluded from diluted net income (loss) per share as the impact is anti-dilutive (in shares)                 1,258 291 118